Oman Proposes Voluntary Hormuz Transit Fee Plan

Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including collecting voluntary fees for using it, a Gulf source and a Western diplomat told

Taiwan to Conducts Drills for Chinese Attack

Taiwan will test relocating weapons production lines and converting civilian factories for military use in annual drills next month, the defence ministry said on Tuesday, aiming to sustain combat operations if Chinese

Police Seize Tonnes of Cocaine Off Portugal

Police authorities have seized more than 2.6 tonnes of cocaine, with an estimated street value of €500 million ($570 million), in the Atlantic Ocean off the coast of Portugal, Italy's border and

Houthis to Model Iran's Hormuz Control in Red Sea

Yemen's Houthi Movement aims to replicate Iran's Hormuz Strait strategy in the Red Sea by disrupting shipping in the Bab el-Mandeb and has been emboldened by an insufficient international response, Yemen's top

Maersk Takes Delivery of First Ammonia Carrier

HD Hyundai Samho has delivered its first-ever very large ammonia carrier (VLAC), the 93,000-cubic-meter Jane Maersk, to Danish shipping company Maersk.The vessel is the first of five ordered in November 2023 and

Coast Guard Seizes Marijuana Off the Caribbean

U.S. Coast Guard Cutter Charles Sexton's crew seized approximately 2,380 pounds of presumptive marijuana worth an estimate of $2.8 million, Saturday, following an interdiction of a suspected drug-smuggling vessel approximately 80 miles

Ret. U.S. Navy Captain Mark Harris Joins Exiger as Strategic Advisor

Exiger, a supply chain AI company and largest provider of supply chain risk technology to the U.S. Government, has announced that retired U.S. Navy Captain (Supply Corps) Mark Harris has joined as

Houthis Targeted Saudi Oil Transport

Yemen's Iran-aligned Houthis said on Monday they targeted a number of sensitive crude oil supply and transport sites linking eastern Saudi Arabia to the critical Red Sea oil export hub of Yanbu.Saudi state oil giant

ABS: Demand for Floating Offshore Wind Vessels is Rising

Demand for high-capability offshore support vessels for floating offshore wind is expected to strengthen in the late 2020s, with availability constraints emerging in some segments as early as 2029, according to a